Nu Skin Enterprises
, Inc. said it plans to increase its regularly scheduled dividend payments by 50 percent for 2013, marking the 12th consecutive year that the company's stockholders have seen growth.
"We have generated record results for each of the past five years and believe 2013 will be another record year," said Truman Hunt, president and chief executive officer.
Hunt continued: "Based on our consistent growth and our commitment to return capital to stockholders, we expect to increase our 2013 dividend by 50 percent, which would represent a 140 percent increase in dividends over the past three years. With our strong performance and increasing cash flow, we have the financial flexibility to increase dividends, repurchase shares and continue to invest in important business initiatives to sustain revenue growth."